DCM Shriram Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 22, 2025, 8:26 pm

Market Cap	1,605 Cr.
Current Price	184
High / Low	242/142
Stock P/E	13.8
Book Value	100
Dividend Yield	1.09 %
ROCE	16.1 %
ROE	14.9 %
Face Value	2.00
PEG Ratio	1.11

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for DCM Shriram Industries Ltd

Competitors of DCM Shriram Industries Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Gayatri Sugars Ltd	69.4 Cr.	9.33	26.5/8.06		19.1	0.00 %	93.2 %	%	10.0
Dhampure Speciality Sugars Ltd	86.6 Cr.	104	142/78.0	52.2	35.6	0.00 %	3.15 %	3.78 %	10.0
Dhampur Bio Organics Ltd	480 Cr.	72.3	164/57.3	43.4	146	3.46 %	5.02 %	3.67 %	10.0
DCM Shriram Industries Ltd	1,605 Cr.	184	242/142	13.8	100	1.09 %	16.1 %	14.9 %	2.00
Davangere Sugar Company Ltd	376 Cr.	4.01	10.9/3.45	27.8	3.64	0.00 %	6.86 %	3.75 %	1.00
Industry Average	2,051.30 Cr	300.57		23.06	224.49	0.75%	13.00%	13.21%	6.37

All Competitor Stocks of DCM Shriram Industries Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	519	654	709	533	574	535	522	580	468	512	554	533	493
Expenses	479	618	667	518	547	476	465	535	416	443	492	487	450
Operating Profit	40	36	42	15	27	58	57	46	52	69	62	46	43
OPM %	8%	6%	6%	3%	5%	11%	11%	8%	11%	14%	11%	9%	9%
Other Income	10	4	2	3	5	7	5	5	8	5	7	9	10
Interest	8	10	10	8	7	8	11	9	6	9	11	10	7
Depreciation	8	9	9	9	9	9	10	10	10	10	10	10	10
Profit before tax	34	21	25	1	17	48	42	32	44	55	48	35	37
Tax %	30%	24%	34%	4%	33%	35%	35%	35%	34%	30%	35%	35%	36%
Net Profit	24	16	16	1	11	32	27	21	29	39	31	23	24
EPS in Rs	2.78	1.86	1.88	0.11	1.30	3.62	3.11	2.37	3.34	4.44	3.60	2.63	2.70

Last Updated: February 28, 2025, 12:14 pm

Below is a detailed analysis of the quarterly data for DCM Shriram Industries Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 493.00 Cr.. The value appears to be declining and may need further review. It has decreased from 533.00 Cr. (Sep 2024) to 493.00 Cr., marking a decrease of 40.00 Cr..
For Expenses, as of Dec 2024, the value is 450.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 487.00 Cr. (Sep 2024) to 450.00 Cr., marking a decrease of 37.00 Cr..
For Operating Profit, as of Dec 2024, the value is 43.00 Cr.. The value appears to be declining and may need further review. It has decreased from 46.00 Cr. (Sep 2024) to 43.00 Cr., marking a decrease of 3.00 Cr..
For OPM %, as of Dec 2024, the value is 9.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 9.00%.
For Other Income, as of Dec 2024, the value is 10.00 Cr.. The value appears strong and on an upward trend. It has increased from 9.00 Cr. (Sep 2024) to 10.00 Cr., marking an increase of 1.00 Cr..
For Interest, as of Dec 2024, the value is 7.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 10.00 Cr. (Sep 2024) to 7.00 Cr., marking a decrease of 3.00 Cr..
For Depreciation, as of Dec 2024, the value is 10.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 10.00 Cr..
For Profit before tax, as of Dec 2024, the value is 37.00 Cr.. The value appears strong and on an upward trend. It has increased from 35.00 Cr. (Sep 2024) to 37.00 Cr., marking an increase of 2.00 Cr..
For Tax %, as of Dec 2024, the value is 36.00%. The value appears to be increasing, which may not be favorable. It has increased from 35.00% (Sep 2024) to 36.00%, marking an increase of 1.00%.
For Net Profit, as of Dec 2024, the value is 24.00 Cr.. The value appears strong and on an upward trend. It has increased from 23.00 Cr. (Sep 2024) to 24.00 Cr., marking an increase of 1.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.70. The value appears strong and on an upward trend. It has increased from 2.63 (Sep 2024) to 2.70, marking an increase of 0.07.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 4:42 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,095	1,313	1,298	1,216	1,494	1,704	1,689	1,795	1,943	2,123	2,351	2,083	2,092
Expenses	1,026	1,221	1,235	1,132	1,300	1,603	1,572	1,648	1,792	1,981	2,208	1,858	1,872
Operating Profit	69	93	64	84	194	101	117	147	151	142	142	224	220
OPM %	6%	7%	5%	7%	13%	6%	7%	8%	8%	7%	6%	11%	10%
Other Income	15	16	8	9	16	16	20	22	17	24	18	23	31
Interest	42	40	41	35	38	28	24	45	40	40	34	36	36
Depreciation	21	22	18	19	19	19	21	28	29	33	36	39	40
Profit before tax	20	46	13	40	153	70	92	97	99	93	91	173	175
Tax %	43%	36%	60%	15%	20%	16%	19%	1%	34%	29%	34%	33%
Net Profit	6	32	7	34	122	59	75	96	65	66	60	115	116
EPS in Rs	0.68	3.66	0.77	3.92	13.98	6.74	8.61	11.02	7.44	7.61	6.92	13.27	13.37
Dividend Payout %	44%	19%	26%	15%	14%	12%	14%	9%	20%	20%	14%	15%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	433.33%	-78.12%	385.71%	258.82%	-51.64%	27.12%	28.00%	-32.29%	1.54%	-9.09%	91.67%
Change in YoY Net Profit Growth (%)	0.00%	-511.46%	463.84%	-126.89%	-310.46%	78.76%	0.88%	-60.29%	33.83%	-10.63%	100.76%

DCM Shriram Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	4%
3 Years:	2%
TTM:	-1%

Compounded Profit Growth
10 Years:	14%
5 Years:	9%
3 Years:	21%
TTM:	8%

Stock Price CAGR
10 Years:	28%
5 Years:	50%
3 Years:	16%
1 Year:	-2%

Return on Equity
10 Years:	14%
5 Years:	12%
3 Years:	11%
Last Year:	15%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 4:41 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	17	17	17	17	17	17	17	17	17	17	17	17	17
Reserves	201	224	222	250	383	417	481	542	599	655	699	798	853
Borrowings	407	298	419	408	409	419	466	613	508	566	510	529	375
Other Liabilities	314	419	345	397	349	267	380	436	556	541	724	855	702
Total Liabilities	940	959	1,004	1,073	1,157	1,121	1,344	1,609	1,681	1,779	1,951	2,199	1,947
Fixed Assets	291	293	319	321	329	330	390	456	495	584	632	627	636
CWIP	15	18	9	8	3	18	23	34	24	33	2	7	31
Investments	11	29	21	18	35	23	40	27	61	25	45	51	48
Other Assets	623	618	655	726	790	749	892	1,092	1,101	1,137	1,272	1,514	1,233
Total Assets	940	959	1,004	1,073	1,157	1,121	1,344	1,609	1,681	1,779	1,951	2,199	1,947

Below is a detailed analysis of the balance sheet data for DCM Shriram Industries Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹17.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 17.00 Cr..
For Reserves, as of Sep 2024, the value is ₹853.00 Cr.. The value appears strong and on an upward trend. It has increased from 798.00 Cr. (Mar 2024) to ₹853.00 Cr., marking an increase of 55.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹375.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 529.00 Cr. (Mar 2024) to ₹375.00 Cr., marking a decrease of 154.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹702.00 Cr.. The value appears to be improving (decreasing). It has decreased from 855.00 Cr. (Mar 2024) to ₹702.00 Cr., marking a decrease of 153.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹1,947.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,199.00 Cr. (Mar 2024) to ₹1,947.00 Cr., marking a decrease of 252.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹636.00 Cr.. The value appears strong and on an upward trend. It has increased from 627.00 Cr. (Mar 2024) to ₹636.00 Cr., marking an increase of 9.00 Cr..
For CWIP, as of Sep 2024, the value is ₹31.00 Cr.. The value appears strong and on an upward trend. It has increased from 7.00 Cr. (Mar 2024) to ₹31.00 Cr., marking an increase of 24.00 Cr..
For Investments, as of Sep 2024, the value is ₹48.00 Cr.. The value appears to be declining and may need further review. It has decreased from 51.00 Cr. (Mar 2024) to ₹48.00 Cr., marking a decrease of 3.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,233.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,514.00 Cr. (Mar 2024) to ₹1,233.00 Cr., marking a decrease of 281.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹1,947.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,199.00 Cr. (Mar 2024) to ₹1,947.00 Cr., marking a decrease of 252.00 Cr..

Notably, the Reserves (853.00 Cr.) exceed the Borrowings (375.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	19	186	-46	68	74	63	84	38	225	59	169	77
Cash from Investing Activity +	-3	-39	-25	-18	-20	-33	-103	-62	-98	-71	-68	-43
Cash from Financing Activity +	-19	-152	71	-48	-54	-27	17	62	-150	0	-101	-22
Net Cash Flow	-4	-5	1	1	-0	4	-3	37	-24	-12	-1	11

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-338.00	-205.00	-355.00	-324.00	-215.00	-318.00	-349.00	-466.00	-357.00	-424.00	-368.00	-305.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	32	31	27	34	36	35	41	38	37	44	38	48
Inventory Days	219	173	180	244	228	152	216	211	185	168	147	220
Days Payable	110	134	104	131	105	61	107	87	96	71	63	94
Cash Conversion Cycle	141	71	103	146	160	127	151	161	126	141	121	174
Working Capital Days	91	51	83	85	103	97	102	111	96	103	88	120
ROCE %	9%	15%	9%	11%	26%	12%	13%	13%	12%	11%	10%	16%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%	50.11%
FIIs	0.32%	0.35%	0.25%	0.09%	0.06%	0.13%	0.99%	1.40%	2.00%	2.23%	2.15%	2.00%
DIIs	0.02%	0.01%	7.83%	7.83%	7.83%	7.83%	7.83%	7.83%	7.86%	7.71%	7.51%	11.96%
Public	49.56%	49.53%	41.80%	41.96%	42.01%	41.92%	41.07%	40.67%	40.03%	39.93%	40.22%	35.92%
No. of Shareholders	64,118	64,501	65,129	62,926	62,280	61,848	61,430	61,706	59,746	59,739	61,976	60,582

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	2.00	2.00	2.00	10.00	10.00
Basic EPS (Rs.)	13.27	6.92	7.61	37.22	55.11
Diluted EPS (Rs.)	13.27	6.92	7.61	37.22	55.11
Cash EPS (Rs.)	17.71	11.00	11.33	55.22	70.95
Book Value[Excl.RevalReserv]/Share (Rs.)	93.73	82.38	77.24	354.56	321.60
Book Value[Incl.RevalReserv]/Share (Rs.)	93.73	82.38	77.24	354.56	321.60
Revenue From Operations / Share (Rs.)	239.44	270.25	244.06	1116.77	1031.67
PBDIT / Share (Rs.)	28.40	18.39	19.00	97.52	97.25
PBIT / Share (Rs.)	23.92	14.27	15.23	80.76	81.38
PBT / Share (Rs.)	19.81	10.41	10.61	57.92	55.78
Net Profit / Share (Rs.)	13.24	6.87	7.56	38.46	55.08
NP After MI And SOA / Share (Rs.)	13.27	6.92	7.61	37.22	55.11
PBDIT Margin (%)	11.85	6.80	7.78	8.73	9.42
PBIT Margin (%)	9.99	5.27	6.24	7.23	7.88
PBT Margin (%)	8.27	3.85	4.34	5.18	5.40
Net Profit Margin (%)	5.52	2.54	3.09	3.44	5.33
NP After MI And SOA Margin (%)	5.54	2.55	3.12	3.33	5.34
Return on Networth / Equity (%)	14.15	8.39	9.85	10.49	17.13
Return on Capital Employeed (%)	20.60	13.46	15.18	17.69	17.92
Return On Assets (%)	5.24	3.08	3.72	3.85	5.95
Long Term Debt / Equity (X)	0.04	0.10	0.19	0.18	0.31
Total Debt / Equity (X)	0.62	0.69	0.81	0.67	0.94
Asset Turnover Ratio (%)	1.00	1.27	1.24	1.19	1.22
Current Ratio (X)	1.22	1.19	1.24	1.26	1.31
Quick Ratio (X)	0.60	0.56	0.53	0.51	0.50
Inventory Turnover Ratio (X)	1.90	2.06	1.82	1.62	1.53
Dividend Payout Ratio (NP) (%)	15.07	21.69	19.69	13.43	19.95
Dividend Payout Ratio (CP) (%)	11.27	13.58	13.18	9.26	15.49
Earning Retention Ratio (%)	84.93	78.31	80.31	86.57	80.05
Cash Earning Retention Ratio (%)	88.73	86.42	86.82	90.74	84.51
Interest Coverage Ratio (X)	6.91	4.77	4.11	4.27	3.80
Interest Coverage Ratio (Post Tax) (X)	4.22	2.78	2.64	2.68	3.15
Enterprise Value (Cr.)	2074.06	1009.57	1319.18	696.61	665.65
EV / Net Operating Revenue (X)	0.99	0.42	0.62	0.35	0.37
EV / EBITDA (X)	8.40	6.31	7.98	4.11	3.93
MarketCap / Net Operating Revenue (X)	0.76	0.22	0.37	0.16	0.10
Retention Ratios (%)	84.92	78.30	80.30	86.56	80.04
Price / BV (X)	1.95	0.75	1.19	0.52	0.34
Price / Net Operating Revenue (X)	0.76	0.22	0.37	0.16	0.10
EarningsYield	0.07	0.11	0.08	0.19	0.49

After reviewing the key financial ratios for DCM Shriram Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 24, the value is 13.27. This value is within the healthy range. It has increased from 6.92 (Mar 23) to 13.27, marking an increase of 6.35.
For Diluted EPS (Rs.), as of Mar 24, the value is 13.27. This value is within the healthy range. It has increased from 6.92 (Mar 23) to 13.27, marking an increase of 6.35.
For Cash EPS (Rs.), as of Mar 24, the value is 17.71. This value is within the healthy range. It has increased from 11.00 (Mar 23) to 17.71, marking an increase of 6.71.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 93.73. It has increased from 82.38 (Mar 23) to 93.73, marking an increase of 11.35.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 93.73. It has increased from 82.38 (Mar 23) to 93.73, marking an increase of 11.35.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 239.44. It has decreased from 270.25 (Mar 23) to 239.44, marking a decrease of 30.81.
For PBDIT / Share (Rs.), as of Mar 24, the value is 28.40. This value is within the healthy range. It has increased from 18.39 (Mar 23) to 28.40, marking an increase of 10.01.
For PBIT / Share (Rs.), as of Mar 24, the value is 23.92. This value is within the healthy range. It has increased from 14.27 (Mar 23) to 23.92, marking an increase of 9.65.
For PBT / Share (Rs.), as of Mar 24, the value is 19.81. This value is within the healthy range. It has increased from 10.41 (Mar 23) to 19.81, marking an increase of 9.40.
For Net Profit / Share (Rs.), as of Mar 24, the value is 13.24. This value is within the healthy range. It has increased from 6.87 (Mar 23) to 13.24, marking an increase of 6.37.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 13.27. This value is within the healthy range. It has increased from 6.92 (Mar 23) to 13.27, marking an increase of 6.35.
For PBDIT Margin (%), as of Mar 24, the value is 11.85. This value is within the healthy range. It has increased from 6.80 (Mar 23) to 11.85, marking an increase of 5.05.
For PBIT Margin (%), as of Mar 24, the value is 9.99. This value is below the healthy minimum of 10. It has increased from 5.27 (Mar 23) to 9.99, marking an increase of 4.72.
For PBT Margin (%), as of Mar 24, the value is 8.27. This value is below the healthy minimum of 10. It has increased from 3.85 (Mar 23) to 8.27, marking an increase of 4.42.
For Net Profit Margin (%), as of Mar 24, the value is 5.52. This value is within the healthy range. It has increased from 2.54 (Mar 23) to 5.52, marking an increase of 2.98.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 5.54. This value is below the healthy minimum of 8. It has increased from 2.55 (Mar 23) to 5.54, marking an increase of 2.99.
For Return on Networth / Equity (%), as of Mar 24, the value is 14.15. This value is below the healthy minimum of 15. It has increased from 8.39 (Mar 23) to 14.15, marking an increase of 5.76.
For Return on Capital Employeed (%), as of Mar 24, the value is 20.60. This value is within the healthy range. It has increased from 13.46 (Mar 23) to 20.60, marking an increase of 7.14.
For Return On Assets (%), as of Mar 24, the value is 5.24. This value is within the healthy range. It has increased from 3.08 (Mar 23) to 5.24, marking an increase of 2.16.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.04. This value is below the healthy minimum of 0.2. It has decreased from 0.10 (Mar 23) to 0.04, marking a decrease of 0.06.
For Total Debt / Equity (X), as of Mar 24, the value is 0.62. This value is within the healthy range. It has decreased from 0.69 (Mar 23) to 0.62, marking a decrease of 0.07.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.00. It has decreased from 1.27 (Mar 23) to 1.00, marking a decrease of 0.27.
For Current Ratio (X), as of Mar 24, the value is 1.22. This value is below the healthy minimum of 1.5. It has increased from 1.19 (Mar 23) to 1.22, marking an increase of 0.03.
For Quick Ratio (X), as of Mar 24, the value is 0.60. This value is below the healthy minimum of 1. It has increased from 0.56 (Mar 23) to 0.60, marking an increase of 0.04.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.90. This value is below the healthy minimum of 4. It has decreased from 2.06 (Mar 23) to 1.90, marking a decrease of 0.16.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 15.07. This value is below the healthy minimum of 20. It has decreased from 21.69 (Mar 23) to 15.07, marking a decrease of 6.62.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 11.27. This value is below the healthy minimum of 20. It has decreased from 13.58 (Mar 23) to 11.27, marking a decrease of 2.31.
For Earning Retention Ratio (%), as of Mar 24, the value is 84.93. This value exceeds the healthy maximum of 70. It has increased from 78.31 (Mar 23) to 84.93, marking an increase of 6.62.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 88.73. This value exceeds the healthy maximum of 70. It has increased from 86.42 (Mar 23) to 88.73, marking an increase of 2.31.
For Interest Coverage Ratio (X), as of Mar 24, the value is 6.91. This value is within the healthy range. It has increased from 4.77 (Mar 23) to 6.91, marking an increase of 2.14.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 4.22. This value is within the healthy range. It has increased from 2.78 (Mar 23) to 4.22, marking an increase of 1.44.
For Enterprise Value (Cr.), as of Mar 24, the value is 2,074.06. It has increased from 1,009.57 (Mar 23) to 2,074.06, marking an increase of 1,064.49.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.99. This value is below the healthy minimum of 1. It has increased from 0.42 (Mar 23) to 0.99, marking an increase of 0.57.
For EV / EBITDA (X), as of Mar 24, the value is 8.40. This value is within the healthy range. It has increased from 6.31 (Mar 23) to 8.40, marking an increase of 2.09.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.76. This value is below the healthy minimum of 1. It has increased from 0.22 (Mar 23) to 0.76, marking an increase of 0.54.
For Retention Ratios (%), as of Mar 24, the value is 84.92. This value exceeds the healthy maximum of 70. It has increased from 78.30 (Mar 23) to 84.92, marking an increase of 6.62.
For Price / BV (X), as of Mar 24, the value is 1.95. This value is within the healthy range. It has increased from 0.75 (Mar 23) to 1.95, marking an increase of 1.20.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.76. This value is below the healthy minimum of 1. It has increased from 0.22 (Mar 23) to 0.76, marking an increase of 0.54.
For EarningsYield, as of Mar 24, the value is 0.07. This value is below the healthy minimum of 5. It has decreased from 0.11 (Mar 23) to 0.07, marking a decrease of 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of DCM Shriram Industries Ltd as of April 23, 2025 is: 166.29

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 23, 2025, DCM Shriram Industries Ltd is Overvalued by 9.63% compared to the current share price 184.00

Intrinsic Value of DCM Shriram Industries Ltd as of April 23, 2025 is: 186.97

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 23, 2025, DCM Shriram Industries Ltd is Undervalued by 1.61% compared to the current share price 184.00

Last 5 Year EPS CAGR: 12.44%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (486.46 cr) compared to borrowings (455.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.31 cr) and profit (89.38 cr) over the years.	The stock has a low average ROCE of 13.08%, which may not be favorable. The stock has a high average Working Capital Days of 94.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 135.17, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in DCM Shriram Industries Ltd:
1. Net Profit Margin: 5.52%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 20.6% (Industry Average ROCE: 13%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 14.15% (Industry Average ROE: 13.21%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 4.22
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.6
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 13.8 (Industry average Stock P/E: 23.06)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.62
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

DCM Shriram Industries Ltd. is a Public Limited Listed company incorporated on 21/02/1989 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74899DL1989PLC035140 and registration number is 035140. Currently Company is involved in the business activities of Manufacture of sugar. Company's Total Operating Revenue is Rs. 2082.90 Cr. and Equity Capital is Rs. 17.40 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Sugar	5th Floor, Kanchenjunga Bldg., 18 Barakhamba Road, New Delhi Delhi 110001	dsil@dcmsr.com http://www.dcmsr.com

Management
Name	Position Held
Mr. S B Mathur	Chairman & Non-Exe.Director
Mr. Alok B Shriram	Managing Director & CEO
Mr. Madhav B Shriram	Managing Director
Ms. Urvashi Tilak Dha	Whole Time Director
Mr. Vineet Manaktala	Director - Finance & CFO
Mr. P R Khanna	Director
Mr. Ravinder Narain	Director
Mr. S C Kumar	Director
Mrs. V Kavitha Dutt	Director
Mr. Sanjay Chandrakant Kirloskar	Director
Mr. Manoj Kumar	Director
Mrs. Mini Ipe	Nominee Director

FAQ

What is the intrinsic value of DCM Shriram Industries Ltd?

DCM Shriram Industries Ltd's intrinsic value (as of 22 April 2025) is ₹166.29 — 9.63% lower the current market price of 184.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,605 Cr. market cap, FY2025-2026 high/low of ₹242/142, reserves of 853 Cr, and liabilities of 1,947 Cr.

What is the Market Cap of DCM Shriram Industries Ltd?

The Market Cap of DCM Shriram Industries Ltd is 1,605 Cr..

What is the current Stock Price of DCM Shriram Industries Ltd as on 22 April 2025?

The current stock price of DCM Shriram Industries Ltd as on 22 April 2025 is 184.

What is the High / Low of DCM Shriram Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of DCM Shriram Industries Ltd stocks is ₹242/142.

What is the Stock P/E of DCM Shriram Industries Ltd?

The Stock P/E of DCM Shriram Industries Ltd is 13.8.

What is the Book Value of DCM Shriram Industries Ltd?

The Book Value of DCM Shriram Industries Ltd is 100.

What is the Dividend Yield of DCM Shriram Industries Ltd?

The Dividend Yield of DCM Shriram Industries Ltd is 1.09 %.

What is the ROCE of DCM Shriram Industries Ltd?

The ROCE of DCM Shriram Industries Ltd is 16.1 %.

What is the ROE of DCM Shriram Industries Ltd?

The ROE of DCM Shriram Industries Ltd is 14.9 %.

What is the Face Value of DCM Shriram Industries Ltd?

The Face Value of DCM Shriram Industries Ltd is 2.00.